• Spanish preliminary CPI rose less than expected y/y

Market news

30 July 2018

Spanish preliminary CPI rose less than expected y/y

The estimated annual inflation in July 2018 is 2.2%, according to the advance indicator prepared by the INE. This indicator provides an advance of the CPI which, if confirmed, would imply decrease of one tenth in its annual rate, since in the month of June this variation was of 2.3%. In this behavior, the drop in the prices of food and beverages stands out. alcoholic For its part, the annual variation of the leading indicator of the HICP is placed in July in the 2.3%.

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